calculate the amount and the compound interest on RS 10000 in three years at 8% per anum
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C. I = 10000* (1+8/100)³-1
10000*(108/100)³-1
= 10000* (1259712/1000000)-1
= 10000* 259712/1000000
= 2597.12
Amount = p + ci
=1000000+ 2597.12
= 102597.12
10000*(108/100)³-1
= 10000* (1259712/1000000)-1
= 10000* 259712/1000000
= 2597.12
Amount = p + ci
=1000000+ 2597.12
= 102597.12
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